SMILE Microfinance Unlisted Share
₹82▲0.00%(0.00)
About the company
S.M.I.L.E. Microfinance Limited (SMFL) is a leading microfinance institution dedicated to improving financial inclusion by providing accessible credit solutions to underserved communities. Established in 2004, the company began its journey with the mission of supporting economically weaker households in both urban and rural areas of Tamil Nadu. It commenced operations as a non-deposit-taking Non-Banking Financial Company (NBFC) in January 2006 and was later granted a Microfinance Institution (MFI) license in May 2015, strengthening its position in India's microfinance sector.
The company primarily focuses on empowering women from low-income households by offering small-ticket loans through the Joint Liability Group (JLG) lending model. This approach encourages financial discipline, mutual accountability, and community-based support, enabling borrowers to access formal credit even without traditional collateral. By promoting responsible lending, SMFL helps women expand small businesses, meet household needs, and improve their overall financial well-being.
Fundamentals
Valuation
Registry
| Metric | Value |
|---|---|
| PAN number | AAFCS5614J |
| ISIN number | INE786V01012 |
Leadership
| Name | Role | Experience | |
|---|---|---|---|
| Aleem Remtula | Director | 20+ yrs experience | |
| V.T Prabakaran | CFO | 30+ yrs experience | — |
| J Bradley Swanson | Director | 20+ yrs experience | — |
Frequently asked questions
Common questions on SMILE Microfinance Unlisted Share—tap a row to read the answer.
Q.1What is S.M.I.L.E. Microfinance Limited?
S.M.I.L.E. Microfinance Limited (SMFL) is a non-banking financial company (NBFC-MFI) that provides microfinance loans to low-income households, primarily women, through the Joint Liability Group (JLG) lending model. The company focuses on promoting financial inclusion by offering small-ticket loans that support income generation, entrepreneurship, and household financial needs.
Q.2Can I invest in S.M.I.L.E. Microfinance Limited unlisted shares?
Yes, if S.M.I.L.E. Microfinance Limited unlisted shares are available in the private market, eligible investors can purchase them through private share transactions. Since the company is not listed on any stock exchange, share availability depends on existing shareholders willing to sell and prevailing market conditions.
Q.3How can I buy S.M.I.L.E. Microfinance Limited unlisted shares?
You can buy S.M.I.L.E. Microfinance Limited unlisted shares through authorized intermediaries that facilitate private share transactions. After the price, quantity, and documentation are finalized, the shares are transferred electronically to your Demat account upon successful completion of the transaction.
Q.4How is the price of S.M.I.L.E. Microfinance Limited unlisted shares determined?
The price of S.M.I.L.E. Microfinance Limited unlisted shares is generally influenced by factors such as the company's financial performance, loan portfolio quality, profitability, asset quality, growth prospects, recent private transactions, investor demand, and overall market sentiment. Since the shares are not traded on a stock exchange, prices are determined through private negotiations.
Q.5Is investing in S.M.I.L.E. Microfinance Limited unlisted shares legal in India?
Yes. Investing in unlisted shares is legal in India when transactions are carried out in accordance with applicable laws and regulatory guidelines. Investors should ensure that the shares are transferred through a valid process with proper documentation and credited to their Demat account.
Q.6Do I need a Demat account to hold S.M.I.L.E. Microfinance Limited unlisted shares?
Yes. An active Demat account is generally required to receive and hold unlisted shares in electronic form. It provides secure ownership records and makes future share transfers or sales more convenient.
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